NewsPhilippines Advances Renewable Energy Goals Under Philippine Energy Plan 2023-2050

Philippines Advances Renewable Energy Goals Under Philippine Energy Plan 2023-2050

The Philippines is reinforcing its commitment to renewable energy as outlined in the Philippine Energy Plan 2023-2050, according to industry leaders who convened at the PhilEnergy Expo 2025. The forum, held from March 19 to 21 at the SMX Convention Center, gathered key stakeholders to discuss the country’s energy transition and latest technological advancements.

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Rungphech Rose Chitanuwat, Country General Manager of Informa Markets Philippines, the organizer of the annual expo, highlighted the government’s ambitious targets, stating that renewable energy is expected to account for 35% of the country’s energy generation mix by 2030 and exceed 50% by 2040.

Chitanuwat also emphasized significant growth across related energy sectors, including energy efficiency, electric vehicles (EVs), and energy storage. The adoption of energy-efficient technologies continues to gain momentum as both the public and private sectors collaborate to optimize energy consumption.

Meanwhile, the EV market is expanding rapidly, supported by government policies promoting sustainable mobility. With the increasing adoption of EVs, the demand for energy storage solutions, particularly advanced battery technologies, is also on the rise.

“PhilEnergy Expo 2025 is a vital platform for showcasing innovations, discussing key developments, and addressing critical issues shaping the evolving energy sector,” Chitanuwat said.

The three-day expo, themed Shaping the Philippines’ Energy Sector for a Sustainable Future, featured local and international energy leaders, brands, and organizations. It served as a hub for industry collaborations aimed at accelerating the transition to a net-zero future.

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The event received official endorsement from the Department of Energy (DOE) and was supported by multiple energy-related organizations, including the Philippine Energy Efficiency Alliance Inc. (PE2), Society of Philippine Electrotechnical Constructors and Suppliers Inc., Developers of Renewable Energy for Advancement Inc., Electric Vehicle Association of the Philippines, and the Philippine Energy Research and Policy Institute, among others.

PhilEnergy Expo 2025 continues to be a key driver in fostering advancements in clean energy solutions and technologies, further positioning the Philippines as a leader in sustainable energy development.


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